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Sondrel Achieves Key ASIC Milestone with Automotive Giant
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Sondrel Achieves Key ASIC Milestone with Automotive Giant

Sondrel (Holdings) Ltd. (GB:SND) has released an update.

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Sondrel (Holdings) plc has announced the successful tapeout, a critical phase in ASIC development, for a major automotive Tier 1 OEM client, indicating the company’s advancement in the high-growth technology sectors. The completion paves the way for prototyping in the turnkey ASIC project, as Sondrel reinforces its pipeline of design opportunities for 2024. Sondrel, a UK-based fabless semiconductor company, continues to design high-spec chips for various hyper-growth markets including computing, automotive, and AI.

For further insights into GB:SND stock, check out TipRanks’ Stock Analysis page.

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